Seagate Technology said Tuesday it has completed the acquisition of the hard disk drive (HDD) business of Samsung Electronics, after it recently received approval for the deal in Australia, China, and the European Commission.
The devastating floods in Thailand will cause a 28 percent quarter-on-quarter drop in hard disk drive (HDD) production in the fourth quarter, potentially affecting notebook production in early 2012, research firm IHS iSuppli said on Monday.
The European Commission approved on Wednesday the acquisition by Seagate Technology of the hard disk drive (HDD) business of Samsung Electronics, after concluding that there will still be enough players in the market after the acquisition.